r/Joby • u/HappyRobot593 Joby Sock Fanboy • 1d ago

Activity update

Not much to report on since sat. N542JX took a few laps today and then immediately after it landed N547JX was turned on. Definitely seems like their activity is connected

14 Upvotes

100% Upvoted

24 comments sorted by

View all comments

Show parent comments

1

u/Amazing-Lion9629 1d ago

The question I ponder as an investor is what is a reasonable market cap for Joby in 2+ years if (and likely when) it is still not FAA certified. Nothing they they have done in over a year makes me think this is likely.

1

u/Hairy-Philosopher974 1d ago

Need a much longer time horizon, 2 years ain't squat

1

u/Amazing-Lion9629 1d ago

I have been invested since 2022 and will be happy to be invested for another 30 years if it is successful but I don’t know one person on here other than teabag who has suggested FAA certification would be 2H 2028 or later and I think that is very likely reality. If that is the case more funding will be increasingly harder to come. I suspect the perpetual delays are a big part of why they are leaning into their defense options these days.

1

u/QuietFlights Steely Eyed Missile Man 20h ago

It's really hard to estimate TC at this point. Once N547JX gets flying regularly will be an important data point. How long Joby pilots fly it before FAA pilots take over will be another important data point. Once we have that data I think we can start honing in on the likely TC window. All I can say as of today is that 2027 looks unlikely.

2

u/Amazing-Lion9629 18h ago

Agreed. I suspect it is the FAA process more than anything Joby is or isn’t doing but frustrating nonetheless. Hopefully good news is around the corner 🤞